EXCLUSIVE: Katie Holmes Teases Her 'Powerful' New Role in 'Ray Donovan' Season 3

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L.A.'s biggest badass is coming back!

After two wildly addicting seasons, Showtime's critically acclaimed series Ray Donovan is gearing up for its third star-studded year – and only ETonline has your exclusive first look at all of the Donovan family drama headed your way.

"Last season Ray was really pushed to the edge," star Liev Schreiber explains in our sneak peek video above. "In season three Ray finds himself out on his own having to rebuild his empire."

And who's about to become a huge part of this empire? Fan-favorite actress Katie Holmes.

NEWS: 5 Things You Don't Know About 'Ray Donovan' Star Liev Schreiber

The 36-year-old star is stepping into the season three spotlight as Paige Finney, a complicated business woman who is struggling to find her own power within her family.

"The Finney family is a very powerful family," the Dawson's Creek alum spills. "They serve as this symbol of big money and big business."

Check out our first look featurette above to find out what's coming up for Ray, Mickey (Jon Voight), Abby (Paula Malcomson) and the rest of the Donovan family in the highly anticipated third season.

Season three of Ray Donovan premieres July 12 at 9 p.m. on Showtime.

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